tomo logo

$219,000

Beds
2
Baths
1.5
sq ft
1,072

5531 Kingsport Dr, Atlanta, GA 30342

5531 Kingsport Dr

Atlanta, GA 30342

  • 183 days on market
    • Price drop $6,000↓
Discover your dream home or next investment gem in Charleston Square - Sandy Springs! Ideal for first-time homebuyers or savvy investors, this beautifully renovated apartment offers the perfect blend of location, comfort, and style, all just minutes from the upscale Buckhead area, but without the hefty price tag. Situated on the top floor, this end unit boasts a rear deck that overlooks tranquil woods, providing a peaceful retreat from the hustle and bustle. The interior impress with a spacious living room featuring stylish accent walls and a dimmable lighting fixture, creating the perfect ambiance for any occasion. Both bedrooms are generously sized, complete with walk-in closets equipped with new shelving systems to maximize storage space.The bathrooms are with new vanities, ample cabinet space, and an oversized rain shower head for a spa-like shower experience. The apartment shines with bright, fresh paint throughout, awaiting your personal touches to make it truly your own. Conveniently positioned ITP at the crossroads of I-285 and GA-400, your daily commute is made simple. Beyond your doorstep, you'll find a world of convenience with Target, Starbucks, Whole Foods, Lifetime Fitness, Trader Joe’s, Chastain Park, and numerous community parks. Great investment opportunity with a 1-year rent restriction and no current waitlist. This property is being Sold AS-IS, providing a blank canvas for those looking to personalize or upgrade to their taste.

Details

Property type

Condominium

Est. home value

$185,121

Lot size

1,072 sq ft

Price per sq ft

$205

Year built

1980

Annual property taxes

$1,881

Monthly HOA fee

$330

Price History

08/03/2024
FMLS

FMLS #7355879

Price change
$219,000
-2.67%
06/20/2024
FMLS

FMLS #7355879

Price change
$225,000
-1.75%
05/17/2024
FMLS

FMLS #7355879

Listed
$229,000

Schools & Community

Elementary school: 

High Point

Middle school: 

Ridgeview Charter

High school: 

Riverwood International Charter

Community features: 

Sidewalks

Number of units in community: 

201

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$112,912
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$88,568
Cash to seller
$112,912

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Newrez

Loan start date

July 2020

Original loan amount

$97,000

Est. remaining balance

$88,568

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Atanas Filchev

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 12:10 PM

Listing updated: 08/03/2024 at 4:15 PM

Listed by: Iana Tchupetlovska, One Metro Place, Inc. Phone #: (770) 355-6705

MLS: FMLS #7355879

FMLS logo

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